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Issue 2003	DRD Annual Results • 30 June 2003 JHB: DUR NY: DROOY Sydney: DRD
Home Corporate profile Financial highlights Chairman’s statement Directorate & management Directors’ report Corporate governance statement Statement of reserves & resources Exploration Management discussion and analysis Statement of responsibility by the board of directors Company secretary’s report Report of the independent auditors Annual financial statements: Income statements Balance sheets Statements of shareholders’ equity Cash flow statements Notes to the cash flow statements Notes to the annual financial statements Condensed consolidated financial statements - US GAAP Notice to shareholders Shareholder analysis Shareholders’ diary Conversion table Glossary of terms Form of proxy Notes to proxy Notice of direction Contacts	Statement of shareholders’ equity   for the year ended June 30,     Number of ordinary shares Number of cumulative preference shares Issued  share  capital  Cumulative preference share capital Non-dis-  tributable  reserves  Equity  portion of  convertible  loan note  Accumu-lated  loss  Total        R’000  R’000  R’000  R’000  R’000  R’000  Group                 Balance at June 30, 2001 154 529 578 5 000 000 1 595 150  500 133 641  –  (1 289 930) 439 361  Issued shares for cash 12 000 000   445 558          445 558  Staff options issued 10 643 907   82 205          82 205  RAWAS share ratification         (122 574)   122 574  –  Share issue expenses     (25 193)         (25 193) Foreign exchange gain on translation         6 625      6 625  Loss for the year             (510 534) (510 534) Balance at June 30, 2002 177 173 485 5 000 000 2 097 720  500 17 692  –  (1 677 890) 438 022  Issued shares for cash 4 794 889   68 027          68 027  Staff options issued 2 253 699   20 604          20 604  Share issue expenses     (1 914)         (1 914) Change in accounting policy                 – adoption of AC133 (refer Note 1)             (581 979) (581 979) Equity component of convertible loan notes (refer to Note 16)           164 018    164 018  Issuance costs relating to equity component           (8 995)   (8 995) Foreign exchange difference on translation         (12 622)     (12 622) Profit for the year             370 905  370 905  Balance at June 30, 2003 184 222 073 5 000 000 2 184 437  500 5 070  155 023  (1 888 964) 456 066                    Company                 Balance at June 30, 2001 154 529 578 5 000 000 1 595 150  500 148 246  –  (797 416) 946 480  Issued shares for cash 12 000 000   445 558          445 558  Staff options issued 10 643 907   82 205          82 205  RAWAS share ratification         (122 574)   122 574  –  Share issue expenses     (25 193)         (25 193) Foreign exchange gain on translation         20 308      20 308  Loss for the year             (240 291) (240 291) Balance at June 30, 2002 177 173 485 5 000 000 2 097 720  500 45 980  –  (915 133) 1 229 067  Issued shares for cash 4 794 889   68 027          68 027  Staff options issued 2 253 699   20 604          20 604  Share issue expenses     (1 914)         (1 914) Equity component of convertible loan notes (refer to Note 16)           164 018    164 018  Issuance costs relating to equity component           (8 995)   (8 995) Foreign exchange difference on translation         (10 019)     (10 019) Loss for the year             (1 004 722) (1 004 722) Balance at June 30, 2003 184 222 073 5 000 000 2 184 437  500 35 961  155 023  (1 919 855) 456 066